“We have one certainty: we can never be sure where the industry will end up. … Technology is going to destroy all the old ways and old assumptions of doing business, most especially in the media.”
“They think that technology is ruining their business because it’s making their job harder,” says Murdoch, but says that technology allows for greater access to media products by consumers.
quotes from a Rupert Murdoch speech at Georgetown University, live-blogged by FishbowlDC